Microtraction
Microtraction is an early-stage, angel investment firm located in Lagos, Nigeria. Our goal is to be the most accessible and preferred source of pre-seed funding for remarkable African technology entrepreneurs. We invest early and love writing the “first check” for the best tech startups in Africa.
Services Besides Funding?
professional and advisory services
Investor Technical Experience
4+ years of product design and development
Investor Vision
To be the first and preferred investor for the very best African start-up
Investor Funding Goals
We get startups to a point where they are impressive enough to raise more funding or join world class accelerators
Investor Entrepreneurial Experience
Between the investment and advisory team, over 10+ start-ups and 3+ angel/venture-funded companies
Year
2017
Sectors
Financial & FinTech
Education & EduTech
Mobility, Transport & Logistics
Health & HealthTech
Capital Types
Equity
Provider Types
Angel Investment
Type of Exit Sought
Acquisition, IPO, secondary sale
Country / Region of Interest
Africa
Time to Exit in Years
10
Board Seat
Yes
Average Amount Raised
25k
Average IRR Sought
30
Time to Close Deal in Days
45